Conventus in New Jersey vs the state
1.8%Denial rate-15.90 pts vs state
2.1%Decision denial rate-20.97 pts vs state
83.9%Origination rate+28.25 pts vs state
8.99%Median rate+2.24 pts vs state
—Rate spread (pts)
—Median applicant income
47Loans originated
1Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 43 | 25 | 11.6% | 10.99% | #352 |
| 2024 | 27 | 14 | 7.4% | 10.87% | #410 |
| 2025 | 56 | 47 | 1.8% | 8.99% | #341 |
What Conventus lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Conventus applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hudson County | 10 | 7 | 0 | 0.0% |
| Monmouth County | 10 | 10 | 0 | 0.0% |
| Camden County | 9 | 8 | 0 | 0.0% |
| Bergen County | 5 | 4 | 0 | 0.0% |
| Gloucester County | 4 | 4 | 0 | 0.0% |
| Ocean County | 3 | 3 | 0 | 0.0% |
| Burlington County | 3 | 2 | 0 | 0.0% |
| Middlesex County | 3 | 3 | 0 | 0.0% |
| Atlantic County | 2 | 2 | 0 | 0.0% |
| Essex County | 2 | 1 | 0 | 0.0% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 56 applications in 2025, of which 47 were originated and 1 denied.
1.8% of all applications, or 2.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Conventus originated in New Jersey in 2025 was 8.99%, against a statewide median of 6.75%.
About this data. Figures are Conventus's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology